by Jon Terry | Nov 19, 2014 | Blog, Foreclosure
According to RealtyTrac, Foreclosures in Colorado continued trending downward in October, after the state experienced a spike in foreclosure filings in the third quarter. The state had 653 properties with a foreclosure filing in October, down 37.5 percent from...
by Jon Terry | Jun 26, 2014 | Blog, Foreclosure
Buying a home is a challenging, but very rewarding goal for many homeowners. However, sometimes life takes a different turn and it can be a struggle to keep up with the mortgage payments, which could result in a foreclosure filing. Foreclosures can be difficult. The...
by Jon Terry | Jun 12, 2014 | Blog, Foreclosure, The Economy
The April foreclosure data for Colorado’s 12 metropolitan counties is now available. Foreclosure filings and foreclosure auction sales were near an eight-year low during April 2014, with foreclosure filings dropping 29 percent, year over year, from April 2013 to...
by Jon Terry | May 2, 2014 | Blog, Foreclosure
Two bills aimed at protecting homeowners from losing their homes to foreclosure passed out of the Colorado Senate. HB-1295 passed on March, which prohibits “dual tracking” and ensures that low-income families can easily and quickly access housing...
by Jon Terry | Apr 23, 2014 | Blog, Foreclosure
A pair of bills meant to help homeowners avoid foreclosure passed in the Colorado House. What would these bills change? HB14-1295: 1. Prohibits “dual tracking,” in which a lender negotiates with a borrower while simultaneously pursuing foreclosure. 2....
by Jon Terry | Apr 7, 2014 | Blog, Foreclosure
Nationally, foreclosures are down 32.71 percent, however, here in Colorado the number of residential foreclosures last month fell by an incredible 76.31 percent from a year ago. RealityTrac counted 290 foreclosure sales in the state during February, which places...